Ethylene derivative margins have come under serious pressure around the world, especially in Asia.
Meanwhile, the low-cost production capacity in the US is leading to the country becoming the top export supplier for the market. By August, year-to-date US exports for 2019 were already more than 80% higher than in 2018.
Industry expert Ciaran Healy dives into the situation and what it means for producers and other market players in this insight.